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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Activities      
Net income $ 23,751 $ 18,864 $ 12,315
Items not requiring cash      
Provision for loan losses 1,950 2,120 1,220
Depreciation and amortization 6,689 5,634 4,278
Deferred income tax (277) 3,465 3,562
Increase in cash value of life insurance (1,239) (1,239) (1,113)
Net accretion of purchase accounting adjustments 31 (439) 264
Loans originated for sale (216,107) (122,172) (116,887)
Proceeds from sales of loans held for sale 212,063 125,450 119,711
Net gain on sale of loans (5,871) (3,126) (3,887)
Net gain on sale of securities, available for sale (1,014) (804) (708)
Gain on bank owned life insurance (738) (327)  
Loss on sale of other real estate and repossessed assets 19 43 122
Change in      
Interest receivable and other assets 3,562 (1,798) 619
Interest payable and other liabilities (2,302) 1,293 287
Other adjustments 231 164 259
Net cash provided by operating activities 20,748 27,128 20,042
Investing Activities      
Net change in interest-bearing time deposits 743 6,361 (860)
Purchases of securities, available for sale (76,520) (108,809) (86,499)
Proceeds from maturities and paydowns of securities, available for sale 44,156 31,920 26,622
Proceeds from sales of securities, available for sale 30,833 67,002 34,592
Purchase of Federal Home Loan Bank stock (81) (214) (258)
Net change in loans (27,333) (66,903) (32,901)
Net cash and cash equivalents paid in acquisition   (7,673)  
Proceeds from sales of portfolio loans 26,624   18,543
Purchases of premises and equipment (1,538) (1,466) (1,809)
Proceeds from sale of real estate owned and repossessed assets 2,703 1,598 980
Proceeds from bank owned life insurance 1,397 1,669  
Proceeds from sale of premises and equipment 375 67  
Net cash provided by (used in) investing activities 1,359 (76,273) (41,079)
Net change in      
Noninterest-bearing, interest-bearing demand and savings deposits 20,041 (33,214) 50,235
Certificates of deposit 14,071 35,176 (1,583)
Proceeds from FHLB advances 397,700 545,500 414,700
Repayments of FHLB advances (444,419) (495,808) (438,128)
Proceeds from other borrowings   10,000  
Repayments of other borrowings (515) (335)  
Cash dividends (6,860) (6,354) (4,862)
Stock options exercised 1,046 253 1,156
Stock repurchased (4,262)    
Net cash provided by (used in) financing activities (23,198) 55,218 21,518
Net Change in Cash and Cash Equivalents (1,091) 6,073 481
Cash and Cash Equivalents, Beginning of Period 33,414 27,341 26,860
Cash and Cash Equivalents, End of Period 32,323 33,414 27,341
Additional Cash Flows Information      
Interest paid 21,036 15,972 10,505
Income tax paid 1,500 350 2,500
Transfers from loans to loans held for sale 26,937    
Transfers from loans to foreclosed assets 2,414 1,879 624
Mortgage servicing rights capitalized 818 438 $ 549
Right of use assets obtained in exchange for lease obligations $ 3,603    
Fair value of assets acquired   406,558  
Cash paid in acquisition   (18,999)  
Common stock issued   (42,323)  
Liabilities assumed   $ 345,236